Mother Dairy chases Rs 24,000 cr in FY27, plants new flags beyond Delhi-NCR

After clocking Rs 20,300 cr in FY26 (+17% YoY), Mother Dairy is targeting 20% growth to Rs 24,000 cr in FY27. New dairy plants in Maharashtra, Hyderabad and a second Bihar facility aim to dilute Delhi-NCR's 63% revenue concentration as the brand pushes into 95+ cities.

— Source publishedWed, 3 Jun, 2026, 11:02 IST·First seen Thu, 4 Jun, 2026, 11:20 IST·Source ET Retail

What happened

Mother Dairy targets 20% revenue growth to over Rs 24,000 cr in FY27, expanding beyond Delhi-NCR with new dairy plants in Maharashtra, Hyderabad and a second

Key facts

  • Rs 24,000 cr FY27 target
  • 20% growth
  • Rs 20,300 cr FY26 turnover
  • 17% YoY
  • 55 lakh litres/day milk
  • 35 lakh litres Delhi-NCR
  • Rs 15,000 cr dairy
  • Rs 5,000 cr oils+horticulture
  • 63% revenue Delhi-NCR
  • 95+ cities
  • 9 milk plants
  • 4 horticulture plants
  • 16 oil plants

Why this matters

Mother Dairy's southward and eastward push opens partnership and tuck-in M&A windows in regional dairy supply, cold chain, and last-mile assets across Maharashtra, Telangana, and Bihar.